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How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence
By:Prachi Mishra,Mr. Peter Montiel
Published on 2012-06-01 by International Monetary Fund

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary transmission in such countries. We distinguish between the |facts on the ground| and |methodological deficiencies| interpretations of the absence of evidence for strong monetary transmission. We suspect that |facts on the ground| are an important part of the story. If this conjecture is correct, the stabilization challenge in developing countries is acute indeed, and identifying the means of enhancing the effectiveness of monetary policy in such countries is an important challenge.

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Book ID of How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence's Books is 769s6OipADIC, Book which was written byPrachi Mishra,Mr. Peter Montielhave ETAG "gz+X31am0Ec"

Book which was published by International Monetary Fund since 2012-06-01 have ISBNs, ISBN 13 Code is 9781475585131 and ISBN 10 Code is 1475585136

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